ZhiHoong

USDJPY 06/04/2020 [UPDATED]

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Price has broken through the resistance that mentioned on my analysis yesterday. But still, there is another resistance exist at the top area. Thus, I will wait for a sell signal at the said area.
In COT report, JPY is stronger than USD, thus, I believe that USDJPY might be bearish.



Kindly take note that my analysis is based on COT report and technical analysis .
Also, we always reacting to the market instead of predicting the market.
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